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Average Medical Assistants Salary in Albany-Schenectady-Troy, NY

In Albany-Schenectady-Troy, NY, Medical Assistants earn an average annual salary of $43,900. This figure is slightly below the national average of $44,590, indicating a localized compensation structure influenced by regional economic factors and the specific demand within the healthcare sector of this metropolitan area.

Executive Summary

  • Average Salary: $43,900 per year.
  • Growth Trend: Salaries have shifted 26.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $49,920.
  • Outlook: The Albany-Schenectady-Troy region supports a local workforce of 1,530 Medical Assistants. With a Location Quotient of 0.67, the concentration of these roles is below the national average, suggesting a moderately developed but not oversaturated job market for this profession within the area.
2024 Market Data

Salary Overview

$43,900

The average Medical Assistants in Albany-Schenectady-Troy, NY earns-1.5%below the national average.

BreakdownBased on 40h/week
Hourly

$21.1

Weekly

$844

Monthly

$3,658

Medical Assistants Salary Distribution in Albany-Schenectady-Troy, NY

Career progression for Medical Assistants typically involves salary increases with experience. Entry-level positions may start at the lower end of the pay scale, while senior Medical Assistants with specialized skills or supervisory responsibilities can command significantly higher salaries, often reflected in the upper percentiles of compensation data.

Experience LevelMarket PercentileAnnual WageHourly Rate
Resident / New GradClinical rotation complete. Gaining floor experience.10% (Entry)$36,900$17.7
Staff ClinicianFull patient caseload. Proficient in core procedures.25% (Junior)$32,925$15.8
Charge / SeniorShift lead. Precepts new hires. Specialized certification.50% (Median)$41,880$20.1
SpecialistAdvanced degree/cert (e.g., ICU, OR). High acuity cases.75% (Senior)$54,875$26.4
Director / LeadDepartment head or Advanced Practice Provider.90% (Expert)$49,920$24

Detailed Medical Assistants Market Analysis

Relocation Context

Nominal Salary

$43,900

Gross Pay

Real Wage (Purchasing Power)

$43,900

Adjusted for COL (100)

The average annual salary of $43,900 in Albany-Schenectady-Troy aligns precisely with the national average Cost of Living Index of 100. This means that the nominal salary offers purchasing power equivalent to the national average, suggesting that the cost of goods and services in the region is neither a significant advantage nor a disadvantage for Medical Assistants.

Job Market Context

1,530

Total Jobs

3.457

Per 1K Jobs

0.67

Location Quotient

Below Average

Albany-Schenectady-Troy, NY has 0.67x the national average concentration of Medical Assistants jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

A Location Quotient of 0.67 for Medical Assistants in Albany-Schenectady-Troy indicates that the profession is less concentrated here compared to the national average. This suggests that while there is a stable presence of Medical Assistants, the market may not be as saturated as in other regions, potentially offering opportunities for skilled professionals.

Nearby Job Markets

Nearby Cities for Medical Assistants

Comparing salaries near Albany-Schenectady-Troy, NY

Hiring Medical Assistantss?

Frequently Asked Questions

How much does a Medical Assistants make in Albany-Schenectady-Troy, NY?

The median annual salary for a Medical Assistants in Albany-Schenectady-Troy, NY is $43,900. This typically ranges from $36,900 for entry-level positions to $49,920 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Albany-Schenectady-Troy, NY is 1.5% lower than the national median of $44,590.

Is Albany-Schenectady-Troy, NY a lucrative place for Medical Assistants?

No, not exceptionally lucrative compared to the national average.The average salary of $43,900 is slightly below the national average, and the cost of living is on par with the national average, offering no significant financial advantage.

Is Albany-Schenectady-Troy, NY a good place to live for Medical Assistants?

The Cost of Living Index in Albany-Schenectady-Troy, NY is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Albany-Schenectady-Troy, NY?

Some top paying nearby cities include Pittsfield, MA ($44,390) and Glens Falls, NY.

How does the number of Medical Assistants in Albany compare to the national average?

Albany-Schenectady-Troy has 1,530 Medical Assistants, and the number of jobs per 1,000 workers is 3.457, which is below the national average concentration indicated by the Location Quotient of 0.67.

What is the significance of the Location Quotient (LQ) for Medical Assistants in Albany?

An LQ of 0.67 means that Medical Assistants are less concentrated in the Albany-Schenectady-Troy area compared to the national average. This suggests a moderate demand relative to the national landscape.

How does the cost of living in Albany affect the Medical Assistant salary?

With a Cost of Living Index of 100, Albany's cost of living is exactly at the national average. Therefore, the $43,900 salary has the same relative purchasing power as the national average salary.

Are there many job opportunities for Medical Assistants in Albany-Schenectady-Troy?

While the concentration (LQ) is below average, the presence of 1,530 Medical Assistants indicates a consistent need for these professionals within the local healthcare system.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,530 employees in the Albany-Schenectady-Troy, NY area with a job density of 3.457 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.